Question: Job-based, skill-based, and competency-based pay structures determine the value of a job. Compare and contrast job-based, skill-based and competency-based pay structures. Do you feel that

Job-based, skill-based, and competency-based pay structures determine the value of a job. Compare and contrast job-based, skill-based and competency-based pay structures. Do you feel that one approach is better than the others? Does it depend on the organization? Give some examples. Give an example of how the choice of an internal pay structure might not align with an organization's business strategy

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